Global Edge Computing Market is expected to rise from its initial estimated value of USD 2.11 billion in 2018 to an estimated value of USD 21.69 billion by 2026, registering a CAGR of 33.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing adoption of IoT and overload on cloud infrastructure.
This edge computing market research report assists the business in every sphere of trade to easily take unmatched decisions, to tackle the toughest business questions and diminish the risk of failure. To execute market research study; competent and advanced tools and techniques viz SWOT analysis and Porter’s Five Forces Analysis have been employed. The edge computing report gives estimations on the market status, growth rate, future trends, market drivers, opportunities, challenges, entry barriers, risks, sales channels, and distributors. Because businesses can accomplish great benefits with the different and all-inclusive segments covered in the market research report, every bit of market that can be included here is tackled carefully.
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Edge computing market research report is a wide-ranging and object-oriented which is framed after the combination of an admirable industry experience, talent solutions, industry insight and most modern tools and technology. The market parameters covered here include but are not limited to latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights and innovation. Here, market segmentation is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions.
Major Market Competitors/Players
Few of the major market competitors currently working in the edge computing market are Nokia, Huawei Technologies Co. Ltd., Juniper Networks Inc., Dell, Cisco, Hewlett Packard Enterprise Development LP, SixSq Sàrl, FogHorn Systems, Vasona Networks Inc., MachineShop Inc., Saguna Networks Ltd., Vapor IO, Violin Systems LLC, Aricent Inc., ADLINK Technology Inc., Amazon Web Services Inc., GENERAL ELECTRIC, IBM Corporation, Intel Corporation, Microsoft, and SAP SE.
Global edge computing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of edge computing market for global, Europe, North America, Asia Pacific and South America.
Table of Contents
5.Global, By Component
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
Widespread usage and adoption of IoT leading to overload on cloud foundation is expected to drive the market growth
Increasing levels of adoption and applications in a number of different industry verticals is also expected to drive the market growth
Concerns pertaining to hacks and cyber security in edge computing is expected to restrain the market growth
Due to the modern nature of edge computing there is a lack of standardization and issues in operations and integration of edge computing, this factor is expected to act as a restraint to the market growth
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Segmentation: Global Edge Computing Market
Micro Data Centers
System Integration & Testing
Mobile Edge Computing
Optimized Local Content
By Organization Size
Small & Medium-Sized Enterprises
Government & Public
Media & Entertainment
Energy & Utilities
Telecom & IT
BFSI (Banking, Financial Services & Insurance)
Middle East and Africa
Key Developments in the Market:
In July 2017, Huawei Technologies Co. Ltd. and China Mobile Limited announced in a collaboration initiation of a smart stadium project at the Beijing South Railway Station. In the collaboration China Mobile Limited is expected to integrate Huawei’s MEC@CloudEdge solution with the edge gateway at the station.
In May 2017, Microsoft and Cisco announced collaboration in which Microsoft’s Azure IoT studio is expected to be incorporated and integrated with Cisco Fog deployments.
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